A mother is planning an outdoor party for her daughter's twenty-first birthday. She has identified bad weather as a critical risk. According the weather forecast on TV, there is a 60% chance of rain on the day. What type of 'risk task' is this weather forecast? Select one: a. 60% is a risk evaluation of quantitative type. b. 60% is a risk evaluation of qualitative type. c. 60% is a risk analysis of quantitative type. d. 60% is a risk analysis of qualitative type. As a project manager for a company, you are currently busy with scope definition, activity definition, schedule development and cost budgeting. In which phase is this project? Select one: a. Controlling b. Planning c. Executing d. Initiating All projects must be driven by the strategic plan of the parent organisation. What does a strategic plan contain? Select one: a. Visions, mission and objectives b. Project values, portfolio plans and programmes of action c. Project start dates, finish dates and delivery date d. Project objectives, programme of action and budget You are a consultant for a mining company. Miners work underground in confined spaces. This limits the number of people working there. What scheduling would you recommend to the mining company, and why? Select one: a. Increase resources, so that the teams can work better to finish their work on time. This will allow a few employecs to become more productive. b. Smooth the scope of work. This will ensure that only employees who are running late are assisted by those who have floot on thicir activities. c. Resource-limited scheduling. Allow only the required limited number of workers underground at a time, but extend the work time, so that they work in shifts. This will ensure that all employees get enough time to do their work. d. Time-limited scheduling. Limit the time each group has to work underground to ensure that they get their work done. Since only a limited number can work underground at a given time, give the groups short shifts. What is the process of formally recognising that a new project exists or that an existing project should continue into its next phase of t project life cycle? Select one: a. Project initiation b. Project feasibility study c. Project specification d. Project alignment What is indicated by a milestone in project management? Select one: a. The passing of 50% of the time allocated to the project b. The conclusion of an important stage of a project. The milestone itself is reflected in the project plan with zero time durationt0] c. The conclusion of an important stage of a project that has a time duration equal to the sum of the time durations for each step o that stage d. The completion of the project
